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20121204
20121204
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it often doesn't work out that way. in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for the vietnam war. once i
syria. hillary clinton had a statement out yesterday. she's in the czech republic, and she said this. i'm not going to telegraph in any specifics what we would do in the event there's credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say we are certainly planning to take action if that eventuality were to occur. first of all, what do you think that means, specifically? and, and what should it mean? >> i think it means that it's a red line for americans and the world. if that were to happen then i would expect some form of very tough military response. >> which would be what? >> i think it would be unlikely to speculate and specify right now and that's why she's being cautious in what she said. but up to now, what the west has been doing is giving some political support to the syrian opposition, obviously trying to resolve the situation as far as is possible. it's not been possible so far. >> and every day 100 people die or more. >> there are a lot of people dying. now the death toll probably would be around 40,000
Search Results 0 to 1 of about 2